Which stocks are most correlated with BXMT?

Based on one year of daily returns, the stocks most correlated with Blackstone Mortgage Trust, Inc. (NEW) (BXMT) are STWD (0.70), LADR (0.66) and REM (0.62). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with BXMT?

Over the past year, the stocks most inversely correlated with Blackstone Mortgage Trust, Inc. (NEW) (BXMT) are SKRE (-0.44), CARD (-0.39) and SBB (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) — Stock Correlations & Overview

Over the past year, BXMT has moved most closely with STWD, LADR, REM. Explore the stocks most correlated and inversely correlated with BXMT below, along with its price, financials, and company profile.

Stocks correlated with BXMT

Correlation of daily returns. Higher positive values move with BXMT; negative values move opposite it. Informational only, not investment advice.

Most correlated with BXMT

Symbol	Company	Correlation
STWD	STARWOOD PROPERTY TRUST, INC.REAL ESTATE INVESTMENT TRUSTS	0.70
LADR	LADDER CAPITAL CORPREAL ESTATE INVESTMENT TRUSTS	0.66
REM	iShares Mortgage Real Estate ETF	0.62
BRSP	BrightSpire Capital, Inc.REAL ESTATE INVESTMENT TRUSTS	0.60
MORT	VanEck Mortgage REIT Income ETF	0.58

Most inversely correlated with BXMT

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.44
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.39
SBB	ProShares Short SmallCap600	-0.39
SDD	ProShares UltraShort SmallCap600	-0.39
SRS	ProShares UltraShort Real Estate	-0.38

Frequently asked questions about BXMT correlations

Which stocks are most correlated with BXMT?: Based on one year of daily returns, the stocks most correlated with Blackstone Mortgage Trust, Inc. (NEW) (BXMT) are STWD (0.70), LADR (0.66) and REM (0.62). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with BXMT?: Over the past year, the stocks most inversely correlated with Blackstone Mortgage Trust, Inc. (NEW) (BXMT) are SKRE (-0.44), CARD (-0.39) and SBB (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these BXMT correlations calculated?: We compute the correlation of daily returns between BXMT and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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